17475 Beach LnLake MiltonOH44429
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lake Milton at 17475 Beach Ln, Lake Milton, OH, 44429 earns $344/mo cash flow from $1,560/mo rent with a $905/mo payment. Total monthly income totals $1,560/mo, and annual cash flow totals $4,127/yr on $61,261 capital. ROI tracks 26.65% on current figures, and rental yield reads 10.13% at a $184,800 purchase. Equity gained on principal adds $1,192/yr, and 5% annual appreciation supports $51,057 over five years. Five-year ROI reaches 139.49% and total cumulative return in cash sums $85,452. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,560/mo property income instead of your personal income.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44429, Lake Milton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,503 (100%) |
| Owner Occupied HU | 880 (58.5%) |
| Renter Occupied HU | 219 (14.6%) |
| Vacant Housing Units | 404 (26.9%) |
| Median Home Value | $243,836 |
| Average Home Value | $299,028 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,288
Multi-Family
95
Businesses
82
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Listed by: Justin R Vayner • Vayner Realty Co.
Mls Name: MLS Now
Mls ID: #5160872